Covid will cost taxpayers an extra £15bn even though pandemic is over
The government will spend another £15bn on Covid despite the fact that the pandemic has been declared over.…
Britain’s EV push will cost billions, but the prize could be worth much more
This could be £500m. It could be £1bn. It could even be £2bn. It's not clear how much the government agreed to …
Nestle employees in Russia face conscription.
Nestle is under pressure from its Russian customers to pull out of the country, and more than 7,000 Nestle…
After inflation falls, UK stocks experience their biggest rally since January.
This week, UK stocks staged their largest rally since January as investors warmed up to a market which has missed…
British berry farmers accuse supermarkets pocketing soft fruits profits
British berry producers have accused supermarkets that they are pocketing profits from higher soft fruit prices,…
Grant Shapps promises to’maximise’ UK North Sea oil and natural gas…
Grant Shapps has said that the UK government will "max-out" its remaining North Sea oil reserves. He argues this is…
Care homes are closing as rising mortgage rates make the business…
Care home operators in the UK have warned of the "death-knell" that will be sounded by a recent rise in mortgage…
Netflix stock is sinking. Passwords are not the issue.
The fears that Netflix NFLX NFLX -8.41% would crackdown on password-sharing were unfounded. The new ad supported…
Unilever and Heinz are under investigation over grocery prices
The competition regulator will investigate big brand owners such as Heinz, Unilever and others over concerns…
Offices are eligible for tax breaks
EasyJet has seen its revenues per passenger surpass the average £100 for the first-time, showing the impact of…
Office check-ups are tax-deductible to prevent staff from signing off.
Under plans to combat a recent surge in long-term illness, workers and employers will receive tax breaks worth tens…
CVC raises €26bn to create the largest ever buyout fund
CVC Capital Partners raised €26bn (USD29bn) to create the largest private equity funds in history. This was despite…
Russia attacks Ukraine grain silos with a ‘barbarian attack’
The EU has said that Moscow's "barbarian" attitude in attacking food supplies is demonstrated by the third night of…
UK Treasury calculates cost of payouts for last summer’s political turmoil
Treasury accounts revealed the cost of Britain's recent upheaval in politics on Thursday. They showed the amount of…
Vattenfall’s cancellation of wind farm project in the UK is a blow to UK…
The UK's efforts to promote renewable energy suffered a major blow after one of its largest offshore wind farm…
Legal & General Investment Chief Bets on UK Recession
The UK's biggest asset manager is buying bonds and selling stocks in preparation for an "significant" downturn. He…
National Grid sells its gas network stake amid concerns over hydrogen heating
The National Grid sold more of Britain's Gas Network to foreign investors, just days after Grant Shapps raised …
Netflix subscribers jump after crackdown on sharing
Netflix's crackdown against password sharing is starting to pay off.
The US tech giant reported a 5.9m rise in…